For Sale

Listed by George Abraham

Source: California Regional Multiple Listing Service, Inc #24446487

457 South Soto Street, Los Angeles, CA, 90033

$739,000

7059 sq. ft.

Land

•

30+ days on the market

What's around 457 South Soto Street

About this property

No SB 8 requirement = build market rate units (lot has been vacant for over 6 years) and ZI 2452 exemption to parking. In addition, this is an ED1 qualifying lot with density bonus = developer can build an unlimited number of units within 21, 181 sq. ft. (3:1 FAR) and a 78 feet height restriction. ED1 also includes CEQA exemption and a 6 month streamlined application process. For non-profit developers, this property is located in a QCT (qualified census tract). FLAT LOT.

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